Environment & Energy | Sunday 28 January, 2018 2:55 am

Belgium to set up training center in Riyadh for maintenance of power sets

Belgium will set up a training center for its country’s energy-saving machines used in the Kingdom. The announcement was made on Thursday at a presentation held at the residence of the Belgian ambassador in the Kingdom, Geert Criel. The presentation about the energy-saving machines was...

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Business & Money | Saturday 27 January, 2018 8:39 am

Bahrain aims to be Hong Kong to Saudi Arabia’s China

Bahrain is ramping up its drive to attract foreign investment, undeterred by the prospect of big global capital flows toward Saudi Arabia under the Vision 2030 strategy. Khalid Al-Rumaihi, the former investment banker who heads the Bahrain Economic Development Board (EDB), took the opportunity ...

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Business & Money | Saturday 27 January, 2018 8:35 am

Saudi Arabia, Switzerland mean business

Saudi Arabia and Switzerland plan to activate their bilateral trade and investment program according to Vision 2030. Council of Saudi Chambers (CSC) Secretary-General Dr. Saud Al-Mishari, Ambassador of Switzerland Heinrich Schellenberg, and Daniel Küng, CEO of Switzerland Global...

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Business & Money | Saturday 27 January, 2018 7:29 am

Davos attendees experience flavors of Saudi Arabian cuisine and culture

Davos delegates on the snowy slopes of the Swiss Alps got a taster of sunnier climes Friday, as guests were treated to a Saudi-themed lunch and cultural event. Those attending the World Economic Forum witnessed an enchanting “Saudi Voyage” as they sampled food from every corner of...

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Tourism & Hospitality | Friday 26 January, 2018 1:03 pm

SriLankan Airlines bags record monthly revenue of $100.1 million

  SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly revenue in Company history in December 2017. The air-transport operation of the Company recorded a stand-alone revenue of US Dollar 100.1 million – the...

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Technology & IT | Friday 26 January, 2018 2:06 am

Canon showcases expanded range of printing solutions for the Kingdom at Saudi Print and Pack 2018

Canon Middle East, the leader in imaging solutions, is showcasing its market-leading range of print solutions at Saudi Print and Pack, taking place from the 21st to the 24th of January at the Riyadh International Convention and Exhibition Center (RICEC). Demonstrating a continued...

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Tourism & Hospitality | Friday 26 January, 2018 1:33 am

Concessionaire of the New King Abdulaziz International Airport Issues Request for Proposals for F&b Concessions

Saudi Arabia – Changi Airports Saudi Arabia (CASA), operator of the new King Abdulaziz International Airport (KAIA) in Jeddah, today issued the first tranche of Request for Proposals (RFP) for concession space at the new terminal.   To offer guests of the new KAIA a unique...

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Government | Thursday 25 January, 2018 4:00 am

Al-Jubeir: Mohammed bin Salman wants Saudi Arabia ‘a powerful state’

Saudi Foreign Minister Adel al-Jubair said on Wednesday that the Crown Prince Mohammed bin Salman wants to turn Saudi Arabia into a normal and powerful country.   "The world is not used to seeing Saudi Arabia moving quickly and boldly," he said during a conference held at...

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Business & Money | Thursday 25 January, 2018 2:00 am

Cash settlements to help needy Saudi families

Cash settlements obtained from people detained in Saudi Arabia’s crackdown on corruption will help to finance a SR50 billion ($13.3 billion) package to help citizens cope with the rising cost of living, Finance Minister Mohammed Al-Jadaan said on Wednesday. The package was announced by ...

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Government | Thursday 25 January, 2018 12:55 am

Shoura approves commercial mortgage law

 The Shoura Council on Wednesday approved the draft commercial mortgage law.   Yahya Al-Samaan, assistant president of the council, said that the law, which consists of 47 articles, aims at regulating commercial mortgage contracts.   It also protects the rights of the...

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